Can Chancellor ‘find’ more money with different fiscal rules? | Ed Conway analysis

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Sky News’ Ed Conway explains how Chancellor Rachel Reeves could change the fiscal rules to give her tens of billions more in “headroom” and extend debt deadlines in order to pursue longer-term investment.

#budget #rachelreeves #finances #investments #analysis

Read more: https://news.sky.com/story/budget-2024-how-fiscal-rules-are-impeding-long-term-investments-and-what-rachel-reeves-can-do-about-it-13227758

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19 Comments

  1. Stop stealth sending money to Israel via our UK defence companies (Israeli owned). Plenty of saving there.

  2. 3:00 the best way to get rid of controls, continuing printing money, increasing national debt and later on blaming Tories for the black hole.

  3. 1:50 it is not weird. It is called financial engineering and involves legal tactics a company can do/the government to make the books/number look good when en reality Is s**.

  4. 0:54 no one cares about keeping clean public finance. They are wasting our money increasing the debt. Now we are paying the price with inflation and interest rate payments.

  5. Wait what's the point of fiscal rules if she can fiddle them! Seems ridiculous

  6. In short. Rules are made to be broken. Who cares about balancing the number if they can print money as they wish.

  7. Liz trust 40 billion, covid 15 billion. Ukraine 10 billion….

    Now my maths isn't the greatest. But why the fuq is there no money?

    It reminds me of when the torys found billions to give the DUP while giving people zero hour contracts.

    Like fuq is there no money. And if there isn't these pricks should be taxing the rich not robbing old pensioners who have worked their whole life.

  8. If they can’t find it they just print it.

  9. Lol, hah ha ha ha, the working class parliament have spent billions that doesn't belong to them, and then they say we dont live in a fantasy. Lol, its good job we have The Duke of Buckingham above Charles Windsor or Britain would be kicked out of the World Bank

  10. Proxy wars are insanely expensive, huh?

  11. Madness – and she could call the debt bananas and say we are rich …

  12. StasiReeves will make Brown's multi generation PFI debt fiasco look like a success.

  13. No change, more austerity. #illusionofchoice

  14. tory lite.

  15. All this nonsense about debt.
    We've got a debt based monetary system which requires debt or the whole system collapse's. We've no longer got capitalism as all markets are being controlled in some manner. IE if the central bank didn't like a sell off taking place they pull the breakers and halt trading for two hours. Now they just pull the breakers without telling us and allow the market to drift in a sideways chop. It's 100% corruption .
    Fiat worthless currency being over printed, like we've not seen this happen before. hahaha

  16. what hes saying is she can tell the truth on the figures.
    but she might not be talking about the consolidation of all of the figures.

  17. Spend more money when the UK has no more money but spends it anyway

  18. Will not give markets confidence if she changes the rules/measures by such a drastic measure?

  19. The B O E got rid of Truss No one else

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